Keyman Insurance

Is you business at risk of losses or would you lose contracts if you lost one of your key employees to accident or sickness?
Key Man Insurance covers such eventualities and is available for any specialist staff or directors for whom ‘the business ‘would not run without’.

UK COMMERCIAL INSURANCE FOR YOUR COMPANY’S IRREPLACEABLE STAFF

Keyman insurance protects your company for the loss of its most important employees. If your company profits are at risk from the loss or incapacity of a member of staff then your company would benefit from keyman protection insurance.
The benefits from a keyman insurance policy can provide your company with the resources required to find a suitable replacement for the key person, or to restructure the company.
Keyman protection cover is an insurance policy taken out on the life and/or incapacity of a company executive or senior employee whose loss would cause significant loss of profits to the company. In the event of such a claim the proceeds of the policy would are payable to the company to cover the loss of profit and business interruption.
Many contracts now insist that keyman insurance is in place as a contingency against the contractors services being lost.

Complete our enquiry form and a keyman insurance specialist from James Hallam Ltd will contact you to advise and discuss your keyman insurance cover needs and provide a quote.